Beloxxi, 71 Other Coys Sponsor IATF2023 for Africa's Economic Growth   Beloxxi, makers of high-quality biscuits in Nigeria, Africa and across the world, has joined the African Export-Import Bank (AFREXIMBank) and 70 other sponsors in supporting the Intra-African Trade Fair (IATF2023). The IATF2023 event is a unique...

FG Signs Afreximbank Deal to fund $200m LNG Project in Bayelsa Nigeria and African Export Import Bank, Afreximbank, yesterday, signed an agreement targeted at funding the nation’s $200 million Liquefied Natural Gas, LNG project, located in Bayelsa State. The agreement was signed at the ongoing African...

Afreximbank Engages Oil Traders in NNPCL $3bn Loan Funding The African Export-Import Bank, Afreximbank, has commenced talks with oil traders for the execution of the $3 billion emergency loan to Nigeria through the NNPC Limited. An authoritative oil market source told Reuters this yesterday. The loan comes...

Afreximbank, Eximbank sign $500m MOU to Revive African Airlines The African Export-Import Bank and US Eximbank have signed a $500m Memorandum of Understanding to boost trade and investment, especially to help revive and re-fleet African airlines. Prof. Benedict Oramah, President and Chairman of the Board of...

AfDB, Others Vow to Strengthen Trade, Investment in Africa The African Development Bank (AfDB), Afreximbank, and six other partners have reaffirmed their commitment to better leverage guarantee and insurance products in Africa. In a statement issued on its website, AfDB, said the six partners were collaborating...

NNPC Secures $5bn Funding From Afreximbank For Upstream Business   The Nigerian National Petroleum Company Limited (NNPC) has secured a $5 billion corporate finance commitment from the African Export-Import Bank (Afreximbank) to fund major investments in Nigeria’s upstream sector. The funding commitment was sequel to a meeting...